13 / 13 Relevant items tagged with #gold

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Central Bank Gold Demand Rose at the Fastest Pace in 55 Years, Analyst Says Silver Could Outperform Gold in 2023

[Dec 30, 2022 8:30 AM] According to a myriad of reports, the People’s Republic of China has been buying hoards of gold during the last year. Consequently, World Gold Council (WGC) statistics show the demand for gold by central banks has risen at the fastest pace in…

Bitcoin Will Outperform All Other Assets In 2023 Due To 3 Reasons: Report

[Dec 29, 2022 5:00 AM] In a new report, Capriole Investments has posited that Bitcoin will outperform all other assets in the coming year due to three key reasons. One of those reasons, perhaps unsurprisingly to many, will be the currently all-defining U.S. Federal…

Gold-Based Digital Assets Issued in Russia

[Dec 29, 2022 2:30 AM] A blockchain platform built by Russia’s largest banking institution, Sber, has been used to issue digital assets based on gold. The value of the tokenized precious metal will depend on the prices of physical gold, the bank said, emphasizing that…

Bitcoin price would surge past $600K if 'hardest asset' matches gold

[Dec 29, 2022 2:23 AM] The coming decade could be Bitcoin's time to copy gold's 1970s breakouts, says Capriole Investments.

Bitcoin underperforms stocks, gold for the first time since 2018

[Dec 28, 2022 8:45 AM] Bitcoin’s yearly losses are similar to high-profile stocks like Tesla and Meta, with BTC investors down 70% in 2022.

Silver and Gold — Precious Metals Stored Value This Year Outperforming Crypto Assets in 2022

[Dec 26, 2022 1:30 PM] Gold prices are ending the year a hair below the values recorded 12 months ago. Statistics on Dec. 26, 2021, show the U.S. dollar value per ounce of gold was $1,810 per unit, and today gold is $1,797 per ounce. Silver, on the other hand, managed to…

Why Goldman Sachs Expects This Asset Class To Outperform Bitcoin

[Dec 13, 2022 5:00 PM] A research note from Goldman Sachs published on Monday has painted a bull case for gold over the price of bitcoin. The bank’s research note comes at a time when the entirety of the crypto market is facing adversity and the price of bitcoin is down…

Over the Last Year, Bitcoin’s Market Cap Slid From the World’s 8th Most Valuable Asset to the 26th Position

[Dec 9, 2022 9:30 AM] In Nov. 2021, bitcoin’s market valuation managed to make it into the top ten list of assets ranked by market capitalization, as it was the eighth largest market cap last year on Nov. 9. Since then, bitcoin is 75% lower in value against the…

What is stagflation, and how could it impact the cryptocurrency markets?

[Dec 9, 2022 7:31 AM] What is stagflation, how to fight it with crypto and how are the cryptocurrency markets impacted by high inflation and economic downturn?

Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years

[Dec 7, 2022 11:00 AM] Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the…

Deglobalization And The End Of Trust-Based Money Set The Stage For National Bitcoin Adoption

[Dec 6, 2022 7:00 AM] Breakdowns in global trade and credit call for money that doesn’t depend on trust. Bitcoin is the modern answer for international economics.This is an opinion editorial by Ansel Lindner, a bitcoin and financial markets researcher and the host of…

Markets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December

[Nov 30, 2022 4:00 PM] Equities, precious metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech at the Brookings Institution in Washington. The crypto economy increased 3.11% to $860 billion, while the top four…

Amid Civil Unrest in China, Gold and Silver Prices Hold Steady — Equity, Crypto Markets Flounder

[Nov 28, 2022 3:00 PM] Reports on Monday detail that the zero-Covid policy protests in China have lowered market sentiment as U.S. equity markets show the top four Wall Street indexes are struggling. The global crypto market cap is down 3.5% and getting awfully close to…

Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s Depreciation

[Nov 27, 2022 1:00 AM] According to directives issued by Samuel A. Jinapor, the Ghanaian minister for lands and natural resources, large-scale gold mining companies will be required to “sell 20% of all refined gold at their refineries to the Bank of Ghana.” A…

Crypto Economy’s Market Cap Slides Below $800 Billion for the First Time Since December 2020

[Nov 21, 2022 3:30 PM] The global cryptocurrency market capitalization has dropped below the $800 billion region for the first time in 691 days or since December 30, 2020. Bitcoin has dipped below the $16K region dropping 5.12% over the past 24 hours, and the second…

Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI Data

[Nov 19, 2022 12:30 PM] This month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. The U.S. housing market has shown weaknesses and October’s U.S…

Gold Bug Peter Schiff Insists This Is ‘Not a Crypto Winter,’ Economist Says It’s More Like ‘Crypto Extinction’

[Nov 15, 2022 9:30 AM] Since bitcoin started falling from its all-time high last year, the economist and gold bug, Peter Schiff, made sure everyone knows that he wholeheartedly believes the leading crypto asset will fall to zero. Now that FTX has collapsed, Schiff has…

Is The Bitcoin Price Still Correlated With Financial Markets?

[Nov 5, 2022 6:00 PM] Since the early days of Bitcoin, the price has typically followed the patterns of the stock market and the price of gold. Are we beginning to see a decoupling?This is an opinion editorial by Mike Ermolaev, head of public relations and content at…